Hyderabad, 3 December 2022: India’s largest iron ore producer NMDC reported iron ore production of 3.61 MnT and sales of 3.04 MnT in the month of November 2022. The company has reported an 8% growth in production and 5.5% growth in sales compared to its performance in November 2021.
NMDC’s iron ore production for the period September-October-November, 2022 is recorded as the best-ever production of these months in a row, in company history. With exceptional iron ore production in the last three months, the mining major is preparing to surpass all records in FY23.
Commenting on the company’s thriving performance, Shri Sumit Deb, CMD, NMDC said, “With an upswing in the demand for steel, we are on the path to escalate production and ensure a healthy supply of iron ore consistently.” The growth trajectory of our performance in the last three months has been exceptional and displays NMDC’s commitment towards a self-sufficient nation by setting new benchmarks.”